How can we achieve a living wage?

dandyrandy

dandyrandy

Well-Known Member
Ripped Farmer said:
Is a mortgage that thing where you owe people money for a big box to store things in? 30 years to pay off? Interest rates that more than double the cost? 150+ a sqft?!

Sounds like a trap.
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Owning a home is quite expensive but a choice. I prefer to earn enough to own a place where my closest neighbor is a mile away. It's been a pretty good investment. But it's really about what you want out of life.
 
Rob Roy

Rob Roy

Well-Known Member
Fogdog said:
The guardian is a good news source as is Reich a good theoretical source for economic advice.

Quite a lot can be done to achieve a baseline independent living standard without pushing a higher minimum wage, such as universal healthcare and addressing the cost of housing. .How to set the minimum wage is another question. Scandinavians have a minimum wage but it's set by unions and industry in negotiation.

I don't understand how Progressives(TM) opting to not vote will do anything to achieve an independent lifestyle for everybody. Republicans in control of govt. is the first stiff obstacle to be removed. Seems counterproductive.
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For many people the "cost of housing" is a symptom of inflation, government regulation and property taxation.

But please continue to bloviate out of both sides of your mouth at once and hope more government will fix the problems caused by government.
 
B

bionicthumb

Well-Known Member
As long as there is money there will be greed
Things will get much worse,we humans are a disease to this poor planet,nobody gives a shit as long as they get what they want in their lives,
We will eventually be reaponsible for our own downfall,its inetivable
But we kill everything in our path
 
Lucky Luke

Lucky Luke

Well-Known Member
Ripped Farmer said:
Is a mortgage that thing where you owe people money for a big box to store things in? 30 years to pay off? Interest rates that more than double the cost? 150+ a sqft?!

Sounds like a trap.
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IDK were you live but houses here double in price every 10 years on avg. More people become millionaires by investing in real Estate than any other investment.

That's called an investment not a trap.
 
Fogdog

Fogdog

Well-Known Member
Ripped Farmer said:
Thats a legitimate way to buy a home on someone else's dime. However most do not do it this way. They tell everyone else including themselves that they will pay it down as you did as a hedge against inflation, but only to turn around and use the loan as if they are going to carry it for the entire 30 years while taking out 2nd mortgages to fund fun times while they got it, and usually with a maxed out front end ration. They never make it 30 years and walk away owing more than they can afford.
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"on some else's dime"? I paid the bank for the use of that money.

Like I said, more often, it's the Republican who gets over extended. Your kind are terrible with money. Doesn't matter if it's a private individual or a member of congress voting to cut taxes by borrowing money to pay for it. The sooner we get your kind out of power the better.
 
Fogdog

Fogdog

Well-Known Member
Lucky Luke said:
And banks made money off it, as did the shareholders, created employment due to it and the cycle of life continues.
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Yeah, what the fuck? "on somebody else's dime"? As if I were some low life for paying my house off early according to the terms of my loan. There must be some story about an abusive loan he made that was paid off early and Spandy is still chapped about it. These fuckers don't know the meaning of the word, "enough". Gluttony is all they know.
 
Abiqua

Abiqua

Well-Known Member
Rob Roy said:
For many people the "cost of housing" is a symptom of inflation, government regulation and property taxation.

But please continue to bloviate out of both sides of your mouth at once and hope more government will fix the problems caused by government.
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They also think that Amazon isnt hipster Walmart, so not surprising and foggy blocked me loooooool, he still never explained how Goldscmidt isnt a child rapist and praised the man, fucks sake pedo, i mean Buck.
 
Budley Doright

Budley Doright

Well-Known Member
Biggest dream of all is to own a house but what happened down south was a crime and the biggest thieves were the Trumps and such, that made trillions off the backs of mostly hard working people. They were over extended then their house values crashed and mortgages came due. Mortgages that were given to people that should never have qualified, bundled and sold by the elites. Millions made by the rich and millions lost by the middle class, shit is happening here now to a lesser extent.
 
Fogdog

Fogdog

Well-Known Member
Budley Doright said:
Biggest dream of all is to own a house but what happened down south was a crime and the biggest thieves were the Trumps and such, that made trillions off the backs of mostly hard working people. They were over extended then their house values crashed and mortgages came due. Mortgages that were given to people that should never have qualified, bundled and sold by the elites. Millions made by the rich and millions lost by the middle class, shit is happening here now to a lesser extent.
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The banks have much to answer for. It was their scheme of packaging good and bad loans together and selling them as "credit default swaps" and such that brought on the financial crisis. Consumers, who took out new loans so they could spend the equity, caused me to be less than sympathetic to the borrowers.

Still, I think Trump is deliberately driving this country to a financial crisis both for financial gain as well as political gain.
 
UncleBuck

UncleBuck

Well-Known Member
Abiqua said:
They also think that Amazon isnt hipster Walmart, so not surprising and foggy blocked me loooooool, he still never explained how Goldscmidt isnt a child rapist and praised the man, fucks sake pedo, i mean Buck.
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You seem frustrated
 
Ripped Farmer

Ripped Farmer

Well-Known Member
Lucky Luke said:
IDK were you live but houses here double in price every 10 years on avg. More people become millionaires by investing in real Estate than any other investment.

That's called an investment not a trap.
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That called evil capitalism and it must be stopped! (bwahahahaa)

If someone is getting rich, someone else is going broke. Can't have it both ways.

But ermahgerd, living wage.
 
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